In the midst of one of the toughest economic periods in decades, Procter & Gamble Co.’s 13-member board on Tuesday elected Robert McDonald president and chief executive officer, succeeding A.G. Lafley, who will remain as chairman. McDonald, P&G’s chief operating officer, will begin his new role July 1.
In a conference call Wednesday with the investment community, Lafley expressed his confidence in the board’s decision saying, “We are obviously in the midst of a challenging time, but I believe it is the right time for a change….Bob is the right leader at the right time.”
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"